MSBDC Live Webinar: Understanding Cash Flow and How It Affects Your Business

Many a new business owner has asked, "What is cash flow and why is it so important?" The short answer is cash flow is the amount of money coming in to a business and the amount of money going out. Think of it as a water tank — water comes in at the top and drains out the bottom. So to keep your tank nice and full, you want more coming in than going out. Your business runs on cash — cash in and cash out — a very critical aspect to you and your business.

This webinar will help you understand what cash flow is, why it's so important, and how to monitor. Whether you hire someone to handle your financials or do them yourself, you must understand these fundamentals.  

This workshop will teach:

• The basics of cash flow
• The timing of cash inflows and outflows
• How to manage your cash flow projections
• How cash flow is different from profit
• How to improve your company's cash flow

The speakers will be Alison Walsh and Matthew Ogrodowicz, Certified Public Accountants with Boisselle, Morton & Wolkowicz, LLP.

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